Nonsense, if the amount of money can not be changed, the value of money would just changes accordingly. Inflation and deflation would happen at hyper speeds
You are talking about things you obviously understand very little (if that) of. If the amount of money can't be changed, then the only thing that can affect its value is productivity gains or losses. This alone would make quick changes to the money's value absolutely impossible. So your hyper inflation horror story does not hold up. It just shows that you are way out of your league when discussing this topic.
We need to agree that gold coin has value to make it work just as much as for fiat money.
Fiat money only has value because the institutions backing it have the necessary trust in the society. Gold, on the other hand, has inherent value; and the added benefit that it has a naturally limited supply and the fact that it can't be artificially created. Every currency requires society to agree on its value. Gold is no exception. But gold has, of all commodities, by far the best properties to allow us to do that. We have done so in the past.
Gold would also have limitations, there is just a finite amount of it, with us generating more and more value, the value of gold could only go up.
That is a good thing, not a bad thing. I see you once again railed against deflation, but moderate deflation is good for average people and bad only for the wealthy. So are you pro social justice or anti deflation? You can't be both.
Bitcoin is for all practical purposes hard money, even harder than Gold since no large deposits can suddenly be found, and look how stable that is in purchasing power.
Bitcoin is an experiment and not widely accepted. It is intellectually entertaining to watch it, and I myself have made quite a bit of money with it. But it does not allow for conclusions about hard money for two reasons:
1) It is not backed by any underlying asset, so in that regard it is no better than fiat money. It's limited only by an algorithm that might be possible to manipulate.
2) Its user base is far too homogenous and narrow to get to any conclusions.
But it will be interesting to keep watching it. It might be the closest thing to hard money we will ever get.
When the public debt bubble explodes, which is only a matter of time, we will see if the public will still keep trusting the central banks and their money. If they don't and we see a massive influx into currencies like Bitcoin, that would be a wonderful thing second only to the abolition of the FED and ECB.
They are voluntary contributors, nobody asked them to spend such a significant portion of their wealth on military stuff.
But you gladly take it and are content with countries like Germany dodging responsibility by only paying for reconaissance, are you not? Quite the hypocrite. I am sure you would sing another song if Russia or China were the world's preeminent military power all of a sudden.